ÅSEN ELEKTROSERVICE AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

34,99 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 529 000	12 209 000	10 619 000	9 952 000
Net Income	920 000	510 000	390 000	719 000
Total Assets	7 691 000	6 398 000	5 535 000	6 317 000
Total Equity	2 629 000	1 709 000	1 199 000	1 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 529 000	12 209 000	10 619 000	9 952 000
Expenditure	15 215 000	11 480 000	10 044 000	8 903 000
Operating Profit	1 314 000	728 000	575 000	1 048 000
Financial Income	0	5 000	3 000	1 000
Financial Costs	135 000	78 000	78 000	126 000
Financial Balance	−135 000	−73 000	−75 000	−125 000
Earnings Before Tax	1 179 000	655 000	500 000	923 000
Tax	260 000	145 000	111 000	204 000
Net Income	920 000	510 000	390 000	719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 001 000	2 551 000	2 627 000	2 599 000
Total Current Assets	4 690 000	3 847 000	2 907 000	3 718 000
Total Assets	7 691 000	6 398 000	5 535 000	6 317 000
Total Retained Equity	2 529 000	1 609 000	1 099 000	1 059 000
Total Equity	2 629 000	1 709 000	1 199 000	1 159 000
Total Long-Term Debt	2 419 000	2 147 000	2 271 000	2 399 000
Total Current Debt	2 644 000	2 542 000	2 064 000	2 758 000
Total Equity and Debt	7 691 000	6 398 000	5 535 000	6 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 524 000	12 180 000	10 470 000	9 883 000
Other Income	5 000	29 000	149 000	70 000
Revenue	16 529 000	12 209 000	10 619 000	9 952 000
Cost of Goods Sold	9 754 000	7 083 000	5 595 000	4 164 000
Salary Costs	3 462 000	2 747 000	2 987 000	3 238 000
Depreciation	167 000	84 000	92 000	74 000
Impairment	0	0	0	0
Expenditure	15 215 000	11 480 000	10 044 000	8 903 000
Operating Profit	1 314 000	728 000	575 000	1 048 000
Financial Income	0	5 000	3 000	1 000
Financial Costs	135 000	78 000	78 000	126 000
Financial Balance	−135 000	−73 000	−75 000	−125 000
Dividends	0	0	350 000	0
Net Income	920 000	510 000	390 000	719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	124 000	94 000	40 000	81 000
Real Eastate	2 175 000	2 222 000	2 270 000	2 318 000
Machinery and Plant Facilities	23 000	35 000	45 000	5 000
Fixtures	623 000	100 000	127 000	108 000
Total Tangible Assets	2 821 000	2 358 000	2 442 000	2 431 000
Total Fiancial Fixed Assets	56 000	100 000	145 000	87 000
Total Fixed Assets	3 001 000	2 551 000	2 627 000	2 599 000
Stock	790 000	489 000	423 000	942 000
Total Investments	0	0	0	0
Cash, Bank	1 259 000	1 836 000	1 156 000	674 000
Total Current Assets	4 690 000	3 847 000	2 907 000	3 718 000
Total Assets	7 691 000	6 398 000	5 535 000	6 317 000
Total Equity	2 629 000	1 709 000	1 199 000	1 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 419 000	2 147 000	2 271 000	2 399 000
Creditors	1 223 000	1 130 000	513 000	791 000
Unpaid Taxes	696 000	484 000	414 000	421 000
Dividends	0	0	350 000	0
Other Current Debt	434 000	731 000	718 000	1 307 000
Total Current Debt	2 644 000	2 542 000	2 064 000	2 758 000
Total Equity and Debt	7 691 000	6 398 000	5 535 000	6 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,99 %	29,84 %	32,53 %	62,04 %
Debt-to-Equity Ratio	0,92	1,26	1,89	2,07
Operating Profit Margin	7,95 %	5,96 %	5,41 %	10,53 %
Current Ratio	1,77	1,51	1,41	1,35
Quick Ratio	2,53	1,87	1,77	2,05
Equity Ratio	0,34	0,27	0,22	0,18
Gross Profit Margin	40,99 %	41,99 %	47,31 %	58,16 %